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Iberpapel Gestion
(BME:IBG)
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Rating:54Neutral
Price Target:
€16.50
▼(-8.59% Downside)
Action:Reiterated
Date:08/04/26
The score is driven mainly by deteriorating 2025 operating performance (negative EBIT margin and weaker revenue) despite a very strong, low-leverage balance sheet. Technical indicators show weak momentum (below key moving averages, negative MACD, RSI near 40), while valuation is a balance between a high P/E and a solid dividend yield.
Positive Factors
Very Low Leverage
Very low leverage gives Iberpapel substantial financial resilience during cyclical weakness in paper markets. The reduced debt burden should limit financing pressure, preserve borrowing capacity, and leave more flexibility to maintain operations or fund investment when profitability recovers.
Negative Factors
Revenue Contraction
The decline in revenue indicates weaker top-line demand or selling conditions for Iberpapel's paper products. Sustained contraction would reduce operating leverage, make fixed costs harder to absorb, and constrain the company's ability to rebuild earnings without a market recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Very low leverage gives Iberpapel substantial financial resilience during cyclical weakness in paper markets. The reduced debt burden should limit financing pressure, preserve borrowing capacity, and leave more flexibility to maintain operations or fund investment when profitability recovers.
Read all positive factors
Iberpapel Gestion (IBG) vs. iShares MSCI Spain ETF (EWP)
Market Cap
€175.58M
Dividend Yield5.1%
Average Volume (3M)2.74K
Price to Earnings (P/E)1723.4
Beta (1Y)0.31
Revenue Growth-7.35%
EPS Growth-99.48%
CountryES
Employees291
SectorGeneral
Sector StrengthN/A
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)<0.01
Shares Outstanding10,964,445
10 Day Avg. Volume2,010
30 Day Avg. Volume2,742
Financial Highlights & Ratios
PEG Ratio-0.48
Price to Book (P/B)0.65
Price to Sales (P/S)1.00
P/FCF Ratio25.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.77
Revenue Forecast (FY)€232.85M
Iberpapel Gestion Business Overview & Revenue Model
Company Description
Iberpapel Gestión, S.A., including its various subsidiaries, is globally active in manufacturing, distributing, and exporting paper for writing and printing. Its market reach extends across Spain, the broader European Union, Africa, and South Amer...
How the Company Makes Money
IBG makes money mainly by producing and selling paper products, with revenue recognized from the sale of uncoated woodfree (UWF) printing and writing paper to customers through its commercial/distribution channels. The core revenue stream is there...
Iberpapel Gestion Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
82
Very Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 213.73M | 216.74M | 238.19M | 250.76M | 295.02M | 237.23M |
| Gross Profit | 94.00M | 91.09M | 147.12M | 145.94M | 209.61M | 147.96M |
| EBITDA | 14.16M | 9.09M | 42.03M | 66.65M | 30.54M | 22.96M |
| Net Income | 81.00K | 6.06M | 23.16M | 47.13M | 15.84M | 9.29M |
Balance Sheet | ||||||
| Total Assets | 391.72M | 389.07M | 407.68M | 389.03M | 389.10M | 385.84M |
| Cash, Cash Equivalents and Short-Term Investments | 124.84M | 127.63M | 122.08M | 118.75M | 77.01M | 105.24M |
| Total Debt | 10.11M | 13.04M | 18.43M | 24.29M | 37.78M | 52.12M |
| Total Liabilities | 65.38M | 56.99M | 68.06M | 70.63M | 101.74M | 116.19M |
| Stockholders Equity | 326.34M | 332.08M | 339.62M | 318.41M | 287.36M | 269.65M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 8.47M | 35.13M | 27.61M | -4.61M | 25.08M |
| Operating Cash Flow | 0.00 | 18.93M | 41.44M | 33.01M | 16.13M | 46.88M |
| Investing Cash Flow | 0.00 | 2.37M | -14.83M | 32.76M | -23.71M | -21.80M |
| Financing Cash Flow | 0.00 | -15.51M | -18.36M | -23.69M | -21.18M | -46.32M |
Iberpapel Gestion Technical Analysis
Negative
18.05
Price Trends
17.31
Negative
17.96
Negative
18.78
Negative
Market Momentum
-0.28
Positive
26.89
Positive
18.06
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:IBG, the sentiment is Negative. The current price of 18.05 is above the 20-day moving average (MA) of 16.72, above the 50-day MA of 17.31, and below the 200-day MA of 18.78, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 26.89 is Positive, neither overbought nor oversold. The STOCH value of 18.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ES:IBG.
Iberpapel Gestion Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | €3.19B | 13.54 | 15.03% | 1.74% | -2.65% | -22.90% | |
75 Outperform | €2.48B | 15.24 | 17.61% | 5.99% | 3.06% | 2.48% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | €175.58M | 1,723.40 | 0.02% | 5.10% | -7.35% | -99.48% | |
42 Neutral | €535.63M | -14.18 | -8.44% | 4.91% | -1.34% | -26.52% |
* General Sector Average
ES:IBG
Iberpapel Gestion
16.20
-2.96
-15.46%
ES:ENC
ENCE Energia y Celulosa
2.21
-0.42
-16.10%
ES:MCM
Miquel y Costas and Miquel
9.94
-1.03
-9.35%
ES:VID
Vidrala
86.50
9.81
12.79%
ES:VIS
Viscofan
54.10
2.93
5.73%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.